Episode 634: Arnie Arnesen Attitude January 15 2025
Manage episode 461345107 series 3371230
Part 1:
We talk with Ethan Varian, reporter based in San Francisco.
We discuss how wealthy individuals hire and retain private fire fighters. However, most of the fire fighters are hired by insurance companies for fire mitigation and prevention in high end homes. Coordination with local municipal fire fighters is required, but not always implemented.
Part 2:
We talk with David Schleicher, Professor of Property and Urban Law at Yale Law School.
We discuss how property taxes are assessed, and how they are burdensome to homeowners. Property taxes are a wealth tax on an asset that are used to fund many things, including schools. However, the fairness is questionable, and many homeowners are objecting to this kind of taxation. Proposition 13 in California has distorted the housing market as a result. Property taxes in Texas are also problematic. We discuss why this is.
WNHNFM.ORG production
Music: David Rovics, "Time to Act", for Will Von Sproson
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